FASB Discussion Paper: "Leases, Preliminary Views"

Wednesday, July 22, 2009

The Financial Reporting Committee (“FRC”) of the Institute of Management Accountants (“IMA”) appreciates the opportunity to provide its views on the Financial Accounting Standards Board (“FASB” or “Board”) Discussion Paper Leases: Preliminary Views. FRC is the financial reporting technical committee of the IMA. It is comprised of representatives from some of the largest companies and accounting firms in the world, along with valuation experts, accounting consultants, academics and analysts. FRC reviews and responds to research studies, statements, pronouncements, pending legislation, proposals and other documents issued by domestic and international agencies and organizations.